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/startups

Islamic savings platform Hakbah seals $2 million seed investment

Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round.

/startups

Assis, a virtual assistant for solopreneurs, raises $5 million in seed funding

Assis, a virtual assistant for freelancers, has just received an investment of $5 million in its first round of funding.

/payments

Akuvo closes $10 million investment round

AKUVO, a technology organization specializing in collections and credit risk, has announced a new round of funding.

Private banking startup Kashet raises £5.4 million

/startups

Private banking startup Kashet raises £5.4 million

Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round.

/payments

ClearBank nearly triples YoY income to £58m in 2022

ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, today presents the results from its 2022 Annual Report revealing the bank nearly tripled income to £58m in 2022 (+173% YoY) after reaching monthly UK profitability.

/startups

Pan-African neobank Payday secures $3 million seed round

Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors - Dare Okoudjou Founder and CEO of MFS Africa & Tola Onayemi CEO of Norabase.

Climate data fintech Connect Earth seals £4.65 million investment round

/sustainable

Climate data fintech Connect Earth seals £4.65 million investment round

Gresham House Ventures has led a £4.65mn investment round in climate impact data business Connect Earth.

/startups

LatAm subscription payments startup Toku raises $7 million in seed funding

On a mission to revolutionize the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced today that it has raised USD $7 million.

Mizuho leads $270 million round in Kredivo

/payments

Mizuho leads $270 million round in Kredivo

Kredivo, which offers BNPL and credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in a Series D funding round led by Japan's Mizuho Bank.

/startups

Climate Tech lender HeavyFinance closes €3 million seed funding round

HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital.

/startups

Swedish payments startup Focalpay raises SEK15 million

Focalpay, the commerce platform merging payment and retail functionalities, has secured 15M SEK in investment from Icelandic investor SKEL, with a valuation of 150m SEK.

Spanish fintech ID Finance raises €30 million

/retail

Spanish fintech ID Finance raises €30 million

Spanish alternative lending platform ID Finance has closed a €30M equity round led by Kingsway Capital.

/retail

Fingoal closes new investment round

FinGoal, an insights platform focused on personalization in banking, announced today the closing of an investment round led by Naples Technology Ventures.

/startups

Payabli seals $8 million extension to $4 million seed round

Payabli, the Miami based Payments Infrastructure company has closed an $8,000,000 extension round after raising an initial $4,000,000 Seed round in May 2022.

Recognise Bank secures £25 million capital injection

/wholesale

Recognise Bank secures £25 million capital injection

Digital SME lender and savings provider Recognise Bank has secured a £25m cash raise from its largest investor, PV27.

Stripe halves valuation on $6.5 billion downround

/payments

Stripe halves valuation on $6.5 billion downround

Payments processor Stripe has raised $6.5 billion in a financing round that almost halves its valuation from two years ago.

/crypto

Ibanera raises $18 million at discounted valuation

The shareholders in Ibanera, a digital banking and payments company with a focus on embedded payments for Web3 platforms on Friday (March 10) finalised an $18.5 million funding round for themselves to enable them to keep supporting Ibanera’s business line BitLine.

Apexx Global scores $25 million Series B

/payments

Apexx Global scores $25 million Series B

Payments orchestration platform Apexx Global has raised $25m from existing and new investors, closing its Series B round.

/markets

Energy market price discovery platform Tallarium secures $1.6m investment

Tallarium, providers of unique trade analytics for price discovery in off-exchange energy markets, today announces that it has secured additional investment from XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets, and Reciprocal, a venture capital firm.

/startups

Web3 startup Tweed raises $4 million

Tweed, a plug and play white-label wallet and payment solution to support any web2 platform tapping into the web3 space, today comes out of stealth to announce it has raised a $4m seed funding round led by Accel.

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